Create stable, long-term investment portfolio with strong, consistent stocks.
Start Research-backed Investing ...Now.
Worth Seeing!
Invest in Cases Systematically - Every stock is handpicked
Start Buying Now
Start Buying Now
BSE: 0 | NSE: MASTER | Plastic Products | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Master Components Ltd is a average quality company.
The key valuation ratios of Master Components Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Master Components Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|
| ROCE % ⓘ | 13.5% | 8.2% | 9.4% | 14.4% | - |
| Value Creation Index ⓘ | 0.0 | -0.4 | -0.3 | 0.0 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||
| Sales ⓘ | 15 | 13.3 | 18.2 | 20.7 | 21 |
| Sales YoY Gr. | - | -11.9% | 37.7% | 13.5% | - |
| Adj EPS ⓘ | 4 | 2.3 | 2.9 | 5.1 | 4.3 |
| YoY Gr. | - | -42.3% | 24.7% | 76.4% | - |
| BVPS (₹) ⓘ | 25 | 27.3 | 30.1 | 35.3 | 66.7 |
| Adj Net Profit ⓘ | 1.3 | 0.8 | 1 | 1.7 | 2 |
| Cash Flow from Ops. ⓘ | 2.3 | 2 | 0.8 | 2.6 | - |
| Debt/CF from Ops. ⓘ | 1.7 | 1.1 | 2.2 | 0.4 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 11.2% | 13.5% | ||||
| Adj EPS ⓘ | NA | NA | 8.3% | 76.4% | ||||
| BVPSⓘ | NA | NA | 12.2% | 17.2% | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|
| Return on Equity % ⓘ | 16 | 8.8 | 10 | 15.5 | 8.4 |
| Op. Profit Mgn % ⓘ | 19.9 | 16.6 | 12.2 | 15.3 | NAN |
| Net Profit Mgn % ⓘ | 8.8 | 5.8 | 5.2 | 8.1 | 8.2 |
| Debt to Equity ⓘ | 0.5 | 0.2 | 0.2 | 0.1 | - |
| Working Cap Days ⓘ | 0 | 172 | 141 | 142 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 104 | 89 | 85 | 0 |
Sales growth is growing at healthy rate in last 3 years 11.23%
Return on Equity has declined versus last 3 years average to 8.40%
Net Profit has been subdued in last 3 years 8.29%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 4.3 | - |
| TTM Sales (₹ Cr.) | 20.7 | - |
| BVPS (₹.) ⓘ | 66.7 | - |
| Reserves (₹ Cr.) ⓘ | 23 | - |
| P/BV ⓘ | 2.26 | - |
| PE ⓘ | 35.42 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 60.4 |
| Equity (₹ Cr.) | 4 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 37.3 |
| Pledged * | 0.00 | 0.00 |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|
| Sales | 15.04 | 13.25 | 18.24 | 20.70 |
| Operating Expenses ⓘ | 12.07 | 11.05 | 16.09 | 17.54 |
| Manufacturing Costs | 1.31 | 1.13 | 2.01 | 2.45 |
| Material Costs | 8.80 | 8.16 | 11.98 | 13.11 |
| Employee Cost | 0.66 | 0.61 | 0.89 | 0.99 |
| Other Costs ⓘ | 1.30 | 1.15 | 1.22 | 1 |
| Operating Profit ⓘ | 2.97 | 2.20 | 2.15 | 3.16 |
| Operating Profit Margin (%) | 19.8% | 16.6% | 11.8% | 15.3% |
| Other Income ⓘ | 0.31 | 0.02 | 0.19 | 0.20 |
| Interest ⓘ | 0.43 | 0.27 | 0.18 | 0.11 |
| Depreciation ⓘ | 0.96 | 0.92 | 0.85 | 0.83 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 1.90 | 1.04 | 1.30 | 2.42 |
| Tax ⓘ | 0.58 | 0.28 | 0.37 | 0.71 |
| Profit After Tax | 1.32 | 0.76 | 0.94 | 1.71 |
| PAT Margin (%) | 8.8% | 5.7% | 5.1% | 8.2% |
| Adjusted EPS (₹) | 4.0 | 2.3 | 2.8 | 5.2 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 8.25 | 9.01 | 9.95 | 11.65 | ||||||
| Share Capital ⓘ | 0.30 | 0.30 | 0.30 | 3.30 | ||||||
| Reserves ⓘ | 7.95 | 8.71 | 9.65 | 8.35 | ||||||
| Minority Interest | 0 | 0 | 0 | 0 | ||||||
| Debt | 2.66 | 1.46 | 0.97 | 0.94 | ||||||
| Long Term Debt | 2.28 | 1.10 | 0.34 | 0.30 | ||||||
| Short Term Debt | 0.38 | 0.36 | 0.63 | 0.64 | ||||||
| Trade Payables | 1.18 | 2.02 | 1.96 | 2.60 | ||||||
| Others Liabilities ⓘ | 2.53 | 1.70 | 1.98 | 1.40 | ||||||
| Total Liabilities ⓘ | 14.61 | 14.19 | 14.85 | 16.59 | ||||||
Fixed Assets | ||||||||||
| Gross Block | 12.89 | 13.61 | 13.82 | 14.61 | ||||||
| Accumulated Depreciation | 4.91 | 5.83 | 6.64 | 7.47 | ||||||
| Net Fixed Assetsⓘ | 7.98 | 7.78 | 7.18 | 7.13 | ||||||
| CWIP ⓘ | 0 | 0 | 0 | 0.86 | ||||||
| Investmentsⓘ | 0 | 0 | 0 | 0 | ||||||
| Inventories | 1.71 | 1.96 | 3.14 | 2.72 | ||||||
| Trade Receivables | 3.46 | 4.04 | 4.10 | 4.56 | ||||||
| Cash Equivalents | 0.56 | 0.02 | 0.01 | 0.12 | ||||||
| Others Assetsⓘ | 0.90 | 0.39 | 0.42 | 1.20 | ||||||
| Total Assets ⓘ | 14.61 | 14.19 | 14.85 | 16.59 | ||||||
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 2.25 | 2.03 | 0.80 | 2.64 |
| PBT ⓘ | 1.90 | 1.04 | 1.30 | 2.42 |
| Adjustment ⓘ | 1.41 | 1.16 | 0.98 | 0.92 |
| Changes in Working Capital ⓘ | -0.56 | 0.09 | -1.11 | -0.02 |
| Tax Paid ⓘ | -0.50 | -0.26 | -0.37 | -0.68 |
| Cash Flow From Investing Activity ⓘ | -0.33 | -0.71 | -0.22 | -1.64 |
| Capex | -0.29 | -0.72 | -0.22 | -0.79 |
| Net Investments | 0 | 0 | 0 | 0 |
| Others ⓘ | -0.04 | 0.01 | 0 | -0.85 |
| Cash Flow From Financing Activityⓘ | -1.97 | -1.86 | -0.59 | -0.89 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | -1.11 | -1.18 | -0.76 | -0.04 |
| Interest Paid ⓘ | -0.42 | -0.26 | -0.16 | -0.09 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 |
| Others ⓘ | -0.44 | -0.42 | 0.33 | -0.76 |
| Net Cash Flow ⓘ | -0.05 | -0.54 | -0.01 | 0.11 |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 16.03 | 8.82 | 9.89 | 15.79 | ||||||
| ROCE (%) | 19.42 | 11.3 | 12.94 | 20.79 | ||||||
| Asset Turnover Ratio | 1.03 | 0.92 | 1.26 | 1.32 | ||||||
| PAT to CFO Conversion(x) | 1.7 | 2.67 | 0.85 | 1.54 | Working Capital Days | |||||
| Receivable Days | 84 | 103 | 82 | 76 | ||||||
| Inventory Days | 42 | 51 | 51 | 52 | ||||||
| Payable Days | 49 | 71 | 61 | 64 | ||||||
Master Components was incorporated as Master Components Private Limited on December 27, 1999 under the Companies Act, 1956 with the Registrar of Companies, Mumbai. The status of the company was changed to public limited and the name of the company was changed to Master Components Limited vide Special Resolution dated December 26, 2022. The fresh certificate of incorporation consequent to conversion was issued on January 04, 2023 by the Registrar of Companies, Mumbai.
The company is engaged in manufacturing plastic engineering components and subassemblies. Its product is an industrial capital goods and it undergoes stringent quality tests to meet industry standards before they are delivered to its clients. It considers that the proximity of its Nashik facility to Mumbai- Pune Highway, and ability to produce a comprehensive range of plastic components provides it significant competitive advantages. Due to its ability to produce multiple kinds of moulded products at a single location, it is able to cater to various sector MNC’s and its smaller business associates who generally require components of different size and shapes. It endeavors to promptly address any concerns of its business associates through significant senior management engagement. Its manufacturing facility is equipped with the new technology machinery which is situated at Nashik, Maharashtra. It is an International Automotive Task Force (IATF) and also ISO 9001:2015 certified for Quality Management.
Business area of the company
The company is engaged in manufacturing plastic engineering components and subassemblies
Products of the company
History and milestones
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
